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state capitalism

The Rise of Income Inequality in Guyana

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Using a newly created dataset, this article demonstrates that income
inequality has increased in Guyana based on the Palma and P90/P10
ratios. It follows that the top 10% gained income share at the expense of the
poor and the powerless. However, the Gini coefficient shows a marginal
reduction of inequality, which represents gains for the middle class. The
article argues that privatization and high agricultural prices are the key
factors for the growth in the income share of the middle class. Indo-

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